What are some of the benefits of getting a real estate license? Ive have done some research and understand that I would be able to see the mls as soon as they come out. Is this the only benefit to getting it?
All:I did my first flip earlier this year for proof of concept. 17k purchase, 11k rehab, sold 45k (45k - 28k = 17k pretax profit, no realtor) . I am finishing my second one, which is going to be about 80k all-in, ex...
Hi there,I am getting into the real estate investing game, specifically house flipping. i am finding that my biggest problem is actually finding a house to flip. Any house that hits the MLS seems to be a horrible de...
Can anyone shed some light onto the topic of credits when financing a commercial deal? I’m guessing this is similar to a concession on the residential side but I can’t find any info on it. I met a guy who said he used...
I am ready to take the leap on my first flip here in Chicago. Long story short, it seems that a hard money lender is my most accessible route to finance the purchase and rehab. I have done some but not a ton of loan...
Is there a particular place I should be looking for rent comps, outside getting them from an agent? I don't remember who exactly but someone on one of the podcasts did mention rentometer. I do realize with something l...
Have a question and hopefully I can get some some ideas. I have a property that i am listing for sale next week, Bought it as a REO did some repairs and i am figuring I may make 60-70 after ALL expenses, including clo...
Hello guys,I have a first rental which was my home until i moved for work and rented it out. I took out a HELOC on it to rehab it for rental. Here is where I stand with the current property financing:(1) first mortgag...
Hey Guys !
Just wondering about FHA Loans ? I'm interested in buying my first property a small 2 Bedroom home, but the house needs work. I'm curious about how these loans work. I would love to purchase the house, and...
Hi BP folks,
I own a duplex that is zoned to add a stand alone third unit to make a triplex. After going through different options to build ( prefab or custom) I’ve decided to go custom because I’ll need to add parki...